1401 S Holgate Street in Seattle
| Listing ID: | 2440780 (Multi-Family) |
|---|---|
| Listing Price: | $4,500,000 |
| Days on Market: | 360 |
Details | |
| Bed / Bath: | 0.00 / 0.00 |
| Lot Size: | 0.15 acre (6,606 sqft) |
Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.
This listing is provided courtesy of NWMLS.
Listing Broker: Urban Commercial Partners, LLC; Jason Elrod, 206-399-1055, jason@urbanseattle.com.
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